Meeting Details

The 33rd Annual General Meeting was held on Monday, August 10, 2026 through Video Conference (VC)/Other Audio Visual Means (OAVM) without physical presence of members.

Record Date and Shareholding Structure

  • Record Date: 3rd August, 2026
  • Total number of shareholders on record date: 328
  • No shareholders attended the meeting in person or through proxy
  • 11 shareholders attended through video conferencing (3 Promoters and Promoter group, 8 Public)
  • Total shares outstanding: 500,000
  • Promoter & Promoter Group shares: 475,000 (95%)
  • Public-Non Institutions shares: 25,000 (5%)
  • Public-Institutions shares: 0

Voting Process

The company provided remote e-voting facility from Friday, 7th August, 2026 at 09:00 AM to Sunday, 9th August, 2026 at 05:00 PM through Bigshare Services Private Limited (https://ivote.bigshareonline.com/). E-voting facility was also provided during the AGM for shareholders who did not cast votes through remote e-voting. M/s. Kamlesh M. Shah & Co., Practicing Company Secretaries was appointed as the Scrutinizer.

Resolution Outcomes

All seven resolutions were approved with requisite majority:

Resolution 1: Ordinary Resolution - Adoption of Financial Statements

  • Adoption of audited standalone and consolidated financial statements for FY ended 31st March, 2026
  • Reports of Board of Directors and Auditors thereon
  • Total votes polled: 475,000 shares (95% of outstanding shares)
  • 100% votes in favor (475,000 shares)
  • 0% votes against
  • Promoter & Promoter Group: 475,000 shares voted, all in favor
  • Public: No votes cast

Resolution 2: Ordinary Resolution - Reappointment of Director

  • Appointment of Mr. Ravikumar Patel (DIN: 05340869) who retires by rotation
  • Total votes polled: 450,000 shares (90% of outstanding shares)
  • 100% votes in favor (450,000 shares)
  • 0% votes against
  • Promoter & Promoter Group: 450,000 shares voted, all in favor
  • Public: No votes cast
  • 25,000 shares abstained (held by person interested in the business)

Resolution 3: Ordinary Resolution - Appointment of Statutory Auditors

  • Appointment of M/s. J. M. Patel & Bros., Chartered Accountants as Statutory Auditors for 5 years (FY 2026-27 to 2030-31)
  • Total votes polled: 475,000 shares (95% of outstanding shares)
  • 100% votes in favor (475,000 shares)
  • 0% votes against
  • Promoter & Promoter Group: 475,000 shares voted, all in favor
  • Public: No votes cast

Resolution 4: Special Resolution - Alteration of Memorandum of Association

  • Alteration of Object Clause of Memorandum of Association
  • Total votes polled: 475,000 shares (95% of outstanding shares)
  • 100% votes in favor (475,000 shares)
  • 0% votes against
  • Promoter & Promoter Group: 475,000 shares voted, all in favor
  • Public: No votes cast

Resolution 5: Special Resolution - Alteration of Articles of Association

  • Approval for Alteration of Articles of Association by Removing Common Seal Provisions
  • Total votes polled: 475,000 shares (95% of outstanding shares)
  • 100% votes in favor (475,000 shares)
  • 0% votes against
  • Promoter & Promoter Group: 475,000 shares voted, all in favor
  • Public: No votes cast

Resolution 6: Special Resolution - Appointment of Managing Director

  • Appointment of Mr. Ravikumar Patel (DIN: 05340869) as Managing Director
  • Total votes polled: 450,000 shares (90% of outstanding shares)
  • 100% votes in favor (450,000 shares)
  • 0% votes against
  • Promoter & Promoter Group: 450,000 shares voted, all in favor
  • Public: No votes cast
  • 25,000 shares abstained (held by person interested in the business)

Resolution 7: Special Resolution - Appointment of Executive Director

  • Appointment of Mr. Purvikkumar Bhagvanbhai Patel (DIN: 11825967) as Executive Director
  • Total votes polled: 475,000 shares (95% of outstanding shares)
  • 100% votes in favor (475,000 shares)
  • 0% votes against
  • Promoter & Promoter Group: 475,000 shares voted, all in favor
  • Public: No votes cast

Scrutinizer's Report

The Scrutinizer's report confirmed that all voting processes were conducted fairly and transparently. Electronic data and relevant records of voting will remain in the Scrutinizer's custody until the Chairman approves and signs the minutes of the 33rd AGM.